Daily Pivots: (S1) 0.9738; (P) 0.9786; (R1) 0.9818; More…

USD/CHF is staying in consolidation from 0.9901 and intraday bias remains neutral first. In case of deeper pull back, downside should be contained by 0.9649 support to bring another rally. As noted before, fall from 1.0237 should have completed at 0.9181. Above 0.9901 will target 1.0023 resistance and then 1.0237. However, firm break of 0.9649 will dampen immediate bullishness and bring deeper pull back.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). It could have completed at 0.9181 after hitting 0.9186 key support (2018 low). Further rise could be seen to retest 1.0237 high. After all, medium term range trading will likely continue between 0.9181/1.0237 for some time.

Daily Pivots: (S1) 0.9734; (P) 0.9793; (R1) 0.9867; More…

Intraday bias in USD/CHF remains neutral as consolidation from 0.9901 is extending. In case of deeper pull back, downside should be contained by 0.9649 support to bring another rally. As noted before, fall form 1.0237 should have completed at 0.9181. Above 0.9901 will target 1.0023 resistance and then 1.0237. However, firm break of 0.9649 will dampen immediate bullishness and bring deeper pull back.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). It could have completed at 0.9181 after hitting 0.9186 key support (2018 low). Further rise could be seen to retest 1.0237 high. After all, medium term range trading will likely continue between 0.9181/1.0237 for some time.

Daily Pivots: (S1) 0.9734; (P) 0.9793; (R1) 0.9867; More…

USD/CHF is staying in consolidation from 0.9901 and intraday bias remains neutral. Deeper pull back could be seen but But downside should be contained by 0.9649 support to bring another rally. As noted before, fall form 1.0237 should have completed at 0.9181. Above 0.9901 will target 1.0023 resistance and then 1.0237. However, firm break of 0.9649 will dampen immediate bullishness and bring deeper pull back.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). It could have completed at 0.9181 after hitting 0.9186 key support (2018 low). Further rise could be seen to retest 1.0237 high. After all, medium term range trading will likely continue between 0.9181/1.0237 for some time.

Daily Pivots: (S1) 0.9789; (P) 0.9845; (R1) 0.9900; More…

Intraday bias in USD/CHF remains neutral for the moment. Consolidation from 0.9901 might extend lower. But downside should be contained by 0.9649 support to bring another rally. As noted before, fall form 1.0237 should have completed at 0.9181. Above 0.9901 will target 1.0023 resistance and then 1.0237. However, firm break of 0.9649 will dampen immediate bullishness and bring deeper pull back.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). It could have completed at 0.9181 after hitting 0.9186 key support (2018 low). Further rise could be seen to retest 1.0237 high. After all, medium term range trading will likely continue between 0.9181/1.0237 for some time.

Daily Pivots: (S1) 0.9789; (P) 0.9845; (R1) 0.9900; More…

USD/CHF is staying in consolidation below 0.9901 temporary top. Intraday bias remains neutral for the moment. Deeper retreat could be seen but downside should be contained by 0.9649 support to bring another rally. As noted before, fall form 1.0237 should have completed at 0.9181. Above 0.9901 will target 1.0023 resistance and then 1.0237.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). It could have completed at 0.9181 after hitting 0.9186 key support (2018 low). Further rise could be seen to retest 1.0237 high. After all, medium term range trading will likely continue between 0.9181/1.0237 for some time.

Daily Pivots: (S1) 0.9767; (P) 0.9834; (R1) 0.9924; More…

Intraday bias in USD/CHF remains neutral for consolidation below 0.9901 temporary top. Deeper retreat could be seen but downside should be contained by 0.9649 support to bring another rally. As noted before, fall form 1.0237 should have completed at 0.9181. Above 0.9901 will target 1.0023 resistance and then 1.0237.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). It could have completed at 0.9181 after hitting 0.9186 key support (2018 low). Further rise could be seen to retest 1.0237 high. After all, medium term range trading will likely continue between 0.9181/1.0237 for some time.

Daily Pivots: (S1) 0.9767; (P) 0.9834; (R1) 0.9924; More…

With 4 hour MACD crossed below signal line, a temporary top is formed at 0.9901 in USD/CHF. Intraday bias is turned neutral for some consolidation first. Downside should be contained by 0.9649 support to bring another rally. As noted before, fall form 1.0237 should have completed at 0.9181. Above 0.9901 will target 1.0023 resistance and then 1.0237.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). It could have completed at 0.9181 after hitting 0.9186 key support (2018 low). Further rise could be seen to retest 1.0237 high. After all, medium term range trading will likely continue between 0.9181/1.0237 for some time.

USD/CHF’s rebound from 0.9181 extended to as high as 0.9901 last week. The break of 0.9484 resistance should indicate completion of fall from 1.0237. Initial bias remains is now on the upside this week for 1.0023 resistance. Break will target 1.0237 high. On the downside, below 0.9649 minor support will turn intraday bias neutral and bring consolidations, before staging another rally.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). It could have completed at 0.9181 after hitting 0.9186 key support (2018 low). Further rise could be seen to retest 1.0237 high. After all, medium term range trading will likely continue between 0.9181/1.0237 for some time.

In the long term picture, price actions from 0.7065 (2011 low) are not clearly impulsive yet. Thus, we’ll treat it as developing into a corrective pattern, at least, until a firm break of 1.0342 resistance.

Daily Pivots: (S1) 0.9707; (P) 0.9793; (R1) 0.9945; More…

Intraday bias in USD/CHF remains on the upside at this point. Prior break of 0.9848 resistance affirms the view that whole fall form 1.0237 has completed at 0.9181. Intraday bias stays on the upside for 1.0023 resistance next. For now, further rally will remain in favor as long as 0.9566 support holds, even in case of retreat.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). It could have completed at 0.9181 after hitting 0.9186 key support (2018 low). Further rise could be seen to retest 1.0237 high. After all, medium term range trading will likely continue between 0.9181/1.0237 for some time.

Daily Pivots: (S1) 0.9707; (P) 0.9793; (R1) 0.9945; More…

USD/CHF’s rally extends to as high as 0.9888 so far. Break of 0.9848 resistance affirms the view that whole fall form 1.0237 has completed at 0.9181. Intraday bias stays on the upside for 1.0023 resistance next. For now, further rally will remain in favor as long as 0.9566 support holds, even in case of retreat.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). It could have completed at 0.9181 after hitting 0.9186 key support (2018 low). Further rise could be seen to retest 1.0237 high. After all, medium term range trading will likely continue between 0.9181/1.0237 for some time.

Daily Pivots: (S1) 0.9580; (P) 0.9599; (R1) 0.9631; More…

USD/CHF’s rally is still in progress and intraday bias stays on the upside for 0.9848 resistance. Decisive break there will confirm completion of whole fall from 1.0237 and target 1.0023 resistance next. On the downside, below 0.9566 minor support will turn intraday bias neutral first.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). It could have completed at 0.9181 after hitting 0.9186 key support (2018 low). Further rise could be seen to retest 1.0237 high. After all, medium term range trading will likely continue between 0.9181/1.0237 for some time.

Daily Pivots: (S1) 0.9580; (P) 0.9599; (R1) 0.9631; More…

Intraday bias in USD/CHF remains on the upside as rise from 0.9181 is in progress for 0.9848 resistance. Decisive break there will confirm completion of whole fall from 1.0237 and target 1.0023 resistance next. On the downside, below 0.9566 minor support will turn intraday bias neutral first.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). It could have completed at 0.9181 after hitting 0.9186 key support (2018 low). Further rise could be seen to retest 1.0237 high. After all, medium term range trading will likely continue between 0.9181/1.0237 for some time.

Daily Pivots: (S1) 0.9494; (P) 0.9572; (R1) 0.9689; More…

Intraday bias in USD/CHF remains on the upside at this point. The break of 0.9613 support turned resistance suggests that whole decline from 1.0237 has completed at 0.9181. Further rise should be seen to 0.9848 resistance next. On the downside, break of 0.9391 support will turn bias to the downside for retesting 0.9181/6 key support zone.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). It could have completed at 0.9181 after hitting 0.9186 key support (2018 low). Further rise could be seen to retest 1.0237 high. After all, medium term range trading will likely continue between 0.9181/1.0237 for some time.

Daily Pivots: (S1) 0.9494; (P) 0.9572; (R1) 0.9689; More…

Intraday bias in USD/CHF remains on the upside with focus on 0.9613 support turned resistance. Sustained break there will indicate bullish reversal and target 0.9484 resistance and above. On the other hand, rejection by 0.9613 will retain near term bearishness. Break of 0.9391 will turn bias to the downside for retesting 0.9181/6 key support zone.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). As long as 0.9613 support turned resistance holds, further fall could be seen to 100% projection 1.0342 to 0.9186 from 1.0237 at 0.9081. However, firm break of 0.9613 will suggest that 0.9186 key support (2018 low) was defended. USD/CHF should have then started another rising leg in the long term range pattern, towards resistance zone of 1.0237 and 1.0342 (2016 high).

Daily Pivots: (S1) 0.9397; (P) 0.9467; (R1) 0.9542; More…

USD/CHF’s rebound from 0.9181 resumed by taking out 0.9568. Intraday bias is back on the upside. Sustained break of 0.9613 support turned resistance will indicate bullish reversal and target 0.9484 resistance and above. On the other hand, rejection by 0.9613 will retain near term bearishness. Break of 0.9391 will turn bias to the downside for retesting 0.9181/6 key support zone.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). As long as 0.9613 support turned resistance holds, further fall could be seen to 100% projection 1.0342 to 0.9186 from 1.0237 at 0.9081. However, firm break of 0.9613 will suggest that 0.9186 key support (2018 low) was defended. USD/CHF should have then started another rising leg in the long term range pattern, towards resistance zone of 1.0237 and 1.0342 (2016 high).

Daily Pivots: (S1) 0.9397; (P) 0.9467; (R1) 0.9542; More…

USD/CHF quickly recovered after dipping to 0.9391. Intraday bias is turned neutral again. No change in view that rebound from 0.9181 is a corrective move. Upside should be limited by 0.9613 resistance. On the downside, break of 0.9391 will turn bias to the downside for retesting 0.9181/6 key support zone. On the upside, however, sustained break of 0.9613 support turned resistance will indicate bullish reversal and target 0.9484 resistance and above.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). As long as 0.9613 support turned resistance holds, further fall could be seen to 100% projection 1.0342 to 0.9186 from 1.0237 at 0.9081. However, firm break of 0.9613 will suggest that 0.9186 key support (2018 low) was defended. USD/CHF should have then started another rising leg in the long term range pattern, towards resistance zone of 1.0237 and 1.0342 (2016 high).

Daily Pivots: (S1) 0.9436; (P) 0.9502; (R1) 0.9582; More…

USD/CHF’s breach of 0.9411 minor support suggests that corrective rebound form 0.9181 has completed at 0.9568 already. Intraday bias is turned back to the downside for retesting 0.9181/6 key support zone. On the upside, however, sustained break of 0.9613 support turned resistance will indicate bullish reversal and target 0.9484 resistance and above.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). As long as 0.9613 support turned resistance holds, further fall could be seen to 100% projection 1.0342 to 0.9186 from 1.0237 at 0.9081. However, firm break of 0.9613 will suggest that 0.9186 key support (2018 low) was defended. USD/CHF should have then started another rising leg in the long term range pattern, towards resistance zone of 1.0237 and 1.0342 (2016 high).

Daily Pivots: (S1) 0.9436; (P) 0.9502; (R1) 0.9582; More…

With 0.9411 minor support intact, further rise is in favor in USD/JPY. But at this point, we’re still seeing rebound from 0.9181 as a corrective move. Hence, upside should be limited by 0.9613 support turned resistance. Below 0.9411 minor support will turn bias to the downside for retesting 0.9181 low. However, sustained break of 0.9613 will indicate bullish reversal and target 0.9484 resistance and above.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). As long as 0.9613 support turned resistance holds, further fall could be seen to 100% projection 1.0342 to 0.9186 from 1.0237 at 0.9081. However, firm break of 0.9613 will suggest that 0.9186 key support (2018 low) was defended. USD/CHF should have then started another rising leg in the long term range pattern, towards resistance zone of 1.0237 and 1.0342 (2016 high).

USD/CHF dropped to as low as 0.9181 last week but rebounded strongly after hitting 0.9186 key support. At this point, we’re still seeing rebound from 0.9181 as a corrective move. Hence, upside should be limited by 0.9613 support turned resistance. Below 0.9411 minor support will turn bias to the downside for retesting 0.9181 low. . However, sustained break of 0.9613 will indicate bullish reversal and target 0.9484 resistance and above.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). As long as 0.9613 support turned resistance holds, further fall could be seen to 100% projection 1.0342 to 0.9186 from 1.0237 at 0.9081. However, firm break of 0.9613 will suggest that 0.9186 key support (2018 low) was defended. USD/CHF should have then started another rising leg in the long term range pattern, towards resistance zone of 1.0237 and 1.0342 (2016 high).

In the long term picture, price actions from 0.7065 (2011 low) are not clearly impulsive yet. Thus, we’ll treat it as developing into a corrective pattern, at least, until a firm break of 1.0342 resistance.

Daily Pivots: (S1) 0.9329; (P) 0.9441; (R1) 0.9559; More…

USD/CHF’s rebound form 0.9181 is still in progress, but we’d still expect strong resistance from 0.9613, and 61.8% retracement of 0.9484 to 0.9181 at 0.9593 to limit upside. Break of 0.9321 minor support will turn bias to the downside to bring retest of 0.9181 low. Break will resume larger down trend from 1.0237. However, sustained break of 0.9613 will indicate bullish reversal and target 0.9484 resistance and above.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 low). As long as 0.9613 support turned resistance holds, for 100% projection 1.0342 to 0.9186 from 1.0237 at 0.9081. However, firm break of 0.9613 will suggest that 0.9186 key support (2018 low) was defended. USD/CHF should have then started another rising leg in the long term range patter, towards resistance zone of 1.0237 and 1.0342 (2016 high).